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Haines Watts
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Haines Watts Chartered Accountants to Business Owners
Haines Watts Chartered Accountants to Business Owners

49 followers
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The Trades Union Congress (TUC) has urged Chancellor Philip Hammond to use next week’s Autumn Budget to put an end to the ‘wage squeeze’ currently plaguing UK workers. Official figures recently published by the Office for National Statistics (ONS)…

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The government has delayed its new Tax-Free Childcare scheme for parents of children aged between 7 and 12. Under the initiative, tax relief of up to 20% is available for childcare costs, up to a total of £10,000. The scheme is therefore worth a maximum…

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The Bank of England (BoE) has announced that paper £10 notes will cease to be legal tender in England and Wales after 1 March 2018. Paper £10 notes will also be demonetised after 1 March 2018 in Scotland. Consumers have until this date to spend their old…

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Data published by credit service agency Experian has suggested that fraudulent activity now costs the UK £190 billion per year. The Annual Fraud Indicator 2017 found that fraud in the public sector costs the UK an estimated £40.3 billion, whilst fraud in…

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In a new report, the Confederation of British Industry (CBI) has urged UK businesses to adopt ‘tried and tested’ technologies in order to help reduce inequality between productivity and pay. The CBI argued that the adoption of technologies by UK firms…

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In a new report, think tank the Resolution Foundation has urged Chancellor Philip Hammond to tackle age-related tax inequalities in the upcoming Autumn Budget. The Resolution Foundation has called for Mr Hammond to unfreeze working-age benefits in 2018 to…

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A survey carried out by the Bank of England (BoE) has indicated that wage growth is set to accelerate in 2018 as businesses begin to increase wages amid recruitment difficulties. The survey, which polled 700 UK firms, found that many are finding it…

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In a new report, the Office of Tax Simplification (OTS) has outlined a range of measures intended to help simplify VAT. The OTS stated that the tax has become ‘highly complex’, and has ‘not kept pace with changes in society’. As such, in its report, the…
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